Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Components of Condensed Balance Sheet Related to Assets Held for Sale

The balance sheet related to the assets held for sale as of June 30, 2013, are as follows (in thousands):


	June 30, 2013
Land	$	1,151
Buildings		929
Fixtures and tenant improvements		10

		2,090
Less: Accumulated depreciation		(238	)

Total assets held for sale	$	1,852

Operating Results Relating to Assets Sold or Designated as Held for Sale

The operating results related to assets sold or designated as held for sale for the three- and six-month periods ended June 30, 2013 and 2012 are as follows (in thousands):
	Three-Month Periods Ended June 30,						Six-Month Periods Ended June 30,
	2013			2012			2013			2012
Revenues	$	1,760		$	5,721		$	4,530		$	13,868

Operating expenses		613			1,903			1,408			5,439
Impairment charges		542			38,126			5,135			55,466
Interest, net		376			1,318			1,010			3,168
Depreciation and amortization		471			1,703			1,215			4,230

		2,002			43,050			8,768			68,303

Loss from discontinued operations		(242	)		(37,329	)		(4,238	)		(54,435	)
(Loss) gain on disposition of real estate, net of tax		(2,063	)		3,226			(1,462	)		3,297

Loss from discontinued operations	$	(2,305	)	$	(34,103	)	$	(5,700	)	$	(51,138	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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